Fraser Valley Real Estate | Market Statistics for January 2011

Posted by D Alexander on Saturday, February 5th, 2011 at 2:16pm

The Fraser Valley Real Estate Board published the statistics for the Fraser Valley real estate market at the beginning of February. An extract of the key data – along with some of the important highlights – appears in the sections that follow.

Detached Homes

The table below shows the key details about real estate market for Fraser Valley detached homes.

fraser valley real estate stats detached homes jan 2011

Following are key highlights from the table above on the real estate market for detached homes in Fraser Valley:

  • Sales were down 12.9% over January 2010 and also down 8.3% over December 2010
  • New listings were down 9.4% over January 2010 but up 152.2% over December 2010
  • Total active listings were up 6.8% over January 2010 and also up 0.3% over December 2010
  • Benchmark price was up 0.9% over January 2010 and down 0.1.% over December 2010

Townhomes

The table below shows the key details about the real estate market for Fraser Valley townhomes.

fraser valley real estate stats townhomes jan 2011

Following are key highlights from the table above on the real estate market for townhomes in Fraser Valley:

  • Sales were down 19.6% over January 2010 and also down 3% over December 2010
  • New listings were down 0.2% over January 2010 but up 123.6% over December 2010
  • Total active listings were up 20.5% over January 2010 and also up 1.8% over December 2010
  • Benchmark price was down 0.1% over January 2010 and down 1.4% over December 2010

Condominiums

The table below shows the key details about the real estate market for Fraser Valley condominiums.

fraser valley real estate stats condos jan 2011

Following are key highlights from the table above on the real estate market for condominiums in Fraser Valley:

  • Sales were down 12.1% over January 2010 but up 0.6% over December 2010
  • New listings were down 6.4% over January 2010 but up 172.5% over December 2010
  • Total active listings were up 6.5% over January 2010 but down 1.7% over December 2010
  • Benchmark price was down 2.6% over January 2010 and also down 1.2% over December 2010

Clearly, if you’re interested in Fraser Valley real estate, the number of new listings makes it a good time to buy.

If you’re interested in learning more about the Fraser Valley real estate market, please click on the link to browse through our list of Abbotsford, Mission, and Chilliwack real estate agents or feel free to call Landmark Realty’s at the following numbers:

  • Abbotsford – (604) 855-0800 or (toll-free) at 1-866-855-0800
  • Mission - (604) 820-2055 or (toll-free) at 1-866-644-2055
  • Chilliwack - (604) 858-1800 or (toll-free) at 1-877-858-2408

And if you want to stay on top of Fraser Valley real estate news, make sure you click on the link to subscribe to the Landmark Realty blog feed.


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